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Economic news

Investors do not trust the IPO, revenue fell to 90%-NYSE

11/30/2022

Less than a minute

2022.11.30 12:26

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REUTERS NEXT: NYSE president says IPO proceeds fall over 90% due to uncertainty
Investors do not trust the IPO, revenue fell to 90%-NYSE

Budrigannews.com – According to Lynn Martin, president of the New York Stock Exchange, on Wednesday, the volatility and uncertainty of the market have had a significant impact on the initial offerings market, resulting in a 93% reduction in proceeds this year.

During an interview that took place at the Reuters Next conference, Martin stated, “There is a lot of uncertainty and there are a lot of different forces that are impacting markets.”

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